On January 10th, 2024, Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land; HOSE: SCR) and Coteccons Construction Joint Stock Company (HOSE: CTD) held the Groundbreaking Ceremony for the TTC Plaza Da Nang mixed-use high-rise project on Dien Bien Phu Street, Chinh Gian Ward, Thanh Khe District, Da Nang City.
The ceremony was attended by Mr. Vo Quoc Khanh – General Director of TTC Land, along with representatives from the TTC Plaza Da Nang Project Management team. On Coteccons’ side, Mr. Vo Hoang Lam – CEO and members of the Leadership team were present. Additionally, the event saw the attendance of design units, subcontractors, suppliers, and other related partners.
Located in a prime position with four street frontages and close to the international airport, TTC Plaza Da Nang is one of the key upcoming commercial mixed-use projects in the center of Da Nang City. The complex includes 18 floors with 4 commercial floors, 126 tourist apartments, 150 hotel rooms, and over 30,000 m² of office space for lease. The project is designed with a unique block shape, creating a luxurious and modern architectural highlight, aiming not only to change the city’s appearance, attract domestic and international tourists to Da Nang but also to fully meet the diverse needs of locals for shopping, dining, culture, education, and entertainment.
With over 44 years of formation and development, TTC is a multi-sector investment group, and TTC Land is a key entity in the residential real estate sector. TTC Land owns many projects in prime locations, catering to market demand. The groundbreaking of the TTC Plaza Da Nang project, with Coteccons as the general construction contractor, marks a strategic partnership between TTC Land and Coteccons. This event holds significant meaning for TTC Land in its five-year development strategy (2021 – 2025) with a vision toward 2030, bringing numerous opportunities for both enterprises, officially commencing a long-term business collaboration to synergize brand and existing capabilities.
As for Coteccons, one of the most reputable contractors in Vietnam today, with extensive experience in constructing skyscrapers and technically challenging, world-class projects, it has made its mark as a leading general contractor in the domestic construction and installation industry with projects such as Landmark 81, the MarQ, Masteri Thao Dien, and others. With these achievements, excelling in quality, optimized functionality, and cost-effectiveness, Coteccons is committed with all its dedication from the team to meticulously craft every corner of the project, from commercial service centers to each hotel apartment and office at TTC Plaza Da Nang, to live up to its status as a key project in Da Nang City. Coteccons hopes that TTC Plaza Da Nang will become the next iconic symbol in Da Nang, welcoming international and domestic visitors every time they visit this livable city.
The groundbreaking of the TTC Plaza Da Nang project is a significant milestone, marking a promising start for 2024 and laying the foundation for a long-term partnership between TTC Land and Coteccons in the future. Through this new iconic project in Da Nang, the relationship between the two sides will surely be elevated to new heights, leveraging strengths and developing together in the spirit of responsibility, aiming for sustainability in the business activities of both parties.
